Google Acquires Nest – Scores on Big Data and a Physical Product Team

Posted by on Jan 13, 2014 in design, news, product
Google Acquires Nest – Scores on Big Data and a Physical Product Team

We have been working with energy efficiency space for several years now and we have seen a lot of activity in behavior modification, energy efficiency services, and smart thermostats. We have also seen Google make several investments in breaking open the data of what happens beyond the meter, you homes like yours. Buying Nest for $3.2 Billion is  a huge statement for two reasons. One Google will be able to provide an unparalleled view into users on and offline behavior. Secondly they just brought Tony Faddell, the Pod-father, on to run a Google hardware group.

I am unsure how this will effect (if at all) the Motorola Mobility unit Google acquired last Summer, but my guess is that it will be minimal. Organizationally their may be just too much baggage.

From TechCrunch
Google Is Buying Connected Device Company Nest For $3.2B In Cash
Fadell, who is known as the ‘father of the iPod’, said that they’re ‘thrilled to join Google.’ “With their support, Nest will be even better placed to build simple, thoughtful devices that make life easier at home, and that have a positive impact on the world.”